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Q: Will Wells Fargo allow you to assume a loan if credit it is re-established but you've previously been foreclosed on a Wells Fargo loan 3 years prior?
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Will your spouse's credit score be affected if your individually owned property is foreclosed spouse's name is not on the deed?

Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.


Credit report shows foreclosed owe 18000 mortgage never contacted you?

Contact the lender immediately to review. If the report is WRONG because you did not assume and default on the mortgage, contact the credit reporting bureau immediately to flag the defaulted account as fraud.


How long does it take a foreclosed house to get off your credit record?

A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.


Were being foreclosed on will the bank come after us if you take out the cupboards and vanities?

were being foreclosed on our home. will the credit union come after us if we take out the cupboards and vanities?


Is it correct for the loan amount of a foreclosed property to appear on a credit report?

what ever the balance was at the time of foreclosure will report on your credit report


Why wouldn't a foreclosed mortgage appear on a credit report?

Someone erred in entering it into the record or your information about the foreclosure is incorrect.


What happens if you are a cosigner on a house that is being foreclosed on?

The foreclosure will affect your credit record. You are fully responsible for paying the loan.


If you assume the loan do you have to have a credit ck?

Since the lender must approve you to assume any loan, a credit check will probably be necessary.


my credit score is under 600 i was looking toget a foreclosed house to start with.. how do i go about it?

You might be able to get one, but keep in mind that you have to pay higher interest. Start by looking at foreclosed ads or ask your local bank directly.


How can someone with bad credit get a home loan?

The Federal Housing Administration can assist people with bed credit get a home loan. They have programs available for people who have declared bankruptcy or have a foreclosed property.


You purchase windows for a home you owned it has since foreclosed do you still have to pay for windows?

Yes you do, unless you want a bad mark on your credit report!!!


Can filing for bankruptcy remove a foreclosure from your credit report?

No, if property has been foreclosed upon the notation will remain on the credit report for the required amount of time of seven years from date of foreclosure. A bankruptcy remains on the credit report for ten years.